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Campari aims to raise 1 15 billion from the market to buy Courvoisier
Campari aims to raise 1 15 billion from the market to buy Courvoisier
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Campari offloaded shares and debt to fund Courvoisier acquisition
The Italian spirits group raised €1.2 billion through selling company shares to make last month's purchase of iconic Cognac house Courvoisier.
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Will 2023 be remembered as an annus horribilis for drinks?
Investors in drinks sector companies will not look back on 2023 with much affection, though shares look likely to recover in 2024, says Ron Emler.
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Why Campari can revitalise Courvoisier
Announcing the Courvoisier deal, Campari’s CEO said Christmas had “come early” for his company. It’s Courvoisier that should be doing the celebrating.
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The 10 most important M&A deals in drinks in 2023
M&A slowed in 2023 but there were still deals that caught the eye and here Just Drinks presents the key transactions of the year.
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